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StartUp Health Insights: Value-Based Care for Rural America Gets $315M in New Capital

StartUp Health Insights: Value-Based Care for Rural America Gets $315M in New Capital | Week of Oct… StartUp Health

Large rounds also went to a patient-matching platform for mental healthcare, a generative AI drug discovery platform, an autism services company, and many others.

Main Street Health, a Nashville, TN-based company focused on value-based care for rural communities, raised $315M from Oak HC/FT, the five largest national Medicare Advantage plans, large health systems, regional hospitals, and individual primary care physicians. <source>

Headway Health, a New York, NY-based patient-matching platform for mental healthcare, raised $125M led by Spark Capital, with participation from Thrive Capital, Accel, Andreessen Horowitz, and Health Care Service Corporation. <source>

Iambic Therapeutics (fka Entos), a San Diego, CA-based biotech company developing novel therapeutics from its generative AI discovery platform, raised $100M co-led by Ascenta Capital and Abingworth, with participation from NVIDIA, Illumina Ventures, Gradiant Corporation, Nexus Ventures, Catalio Capital Management, Coatue, FreeFlow, OrbiMed, Sequoia Capital, and others. <source>

Cortica, a San Diego, CA-based physician-led autism services company, raised $40M led by CVS Health Ventures, with participation from LRVHealth, Ascension Investment Management, and the University of Wisconsin Foundation. <source>

Diana Health, a New York, NY-based network of modern women’s health practices, raised $34M led by Norwest Venture Partners, with participation from .406 Ventures, LRVHealth, and AlleyCorp. <source>

Health Data Analytics Institute (HDAI), a Boston, MA-based AI company focused on empowering clinicians, optimizing care pathways, and improving patient outcomes, received $31M from undisclosed investors. <source>

Connections Health Solutions, a Phoenix, AZ-based company focused on immediate-access behavioral health crisis care, raised $28M led by Town Hall Ventures, with participation from Heritage Group. <source>

Lottie, a London, UK-based free online marketplace that connects care seekers and retirees to UK care homes and care services, raised $21M led by Accel, with participation from General Catalyst. <source>

Commons Clinic, a Los Angeles, CA-based provider of a health system offering care for spine, orthopedics, and pain management, raised $19.5M led by RA Capital Management, with participation from Floating Point, Courtside Ventures, and Time BioVentures. <source>

Optimize Health, a Seattle, WA-based provider of a remote patient management platform, raised $18M led by Foundry and Escalate Capital Partners, with participation from Bonfire Ventures, Daher Capital, Navigate Ventures, Attento Capital, OpenView, 500 Global, SOSV, and Jumpstart Capital. <source>

FluidAI Medical (formerly known as NERv Technology), a Kitchener, ON, Canada-based company leveraging AI for postoperative patient monitoring, raised $15M led by SOSV and Graphene Ventures, with participation from Boutique Venture Partners, Threshold Impact, Cur8 Capital, Leva Capital, Kyto Technology & Life Science, Juno Pharmaceuticals, and other investors. <source>

Clarix Imaging, a San Francisco, CA- and Chicago, IL-based medtech company focused on medical imaging, raised $10M from kineo finance. <source>

Plenful, a New York, NY-based provider of a workflow automation platform streamlining pharmacy and healthcare operations, raised $9M led by Bessemer Venture Partners. <source>

Lokavant, a New York, NY-based clinical trial intelligence platform, raised $8M from Mitsui & Co. <source>

Korio, a Doylestown, a PA-based clinical trial software platform, raised $6.8M led by Excelerate Health Ventures, with participation from Boston Millennia Partners and other investors. <source>

SpecCheck, a Los Angeles, CA-based provider of optical billing and customer management tools, raised $3.7M led by Initialized Capital, with participation from Y Combinator. <source>

MDisrupt, an Austin, TX-based marketplace for the healthtech industry, raised $3M led by The Venture Collective, with participation from Capita3, 3plus VC, Geek Ventures, Mindshift Capital, The BFM Fund, Zane Venture Fund, Emmeline Ventures, Growth Factory, and other investors. <source>

Atalan Tech, a Boston, MA-based company using AI to predict and prevent clinician burnout and turnover, raised $2.5M co-led by Excelerate Health Ventures and OCA Ventures, with participation from angel investors. <source>

LANGaware, a New York, NY-based AI-driven health tech company, raised $2M led by Eleven Ventures, with participation from Metavallon VC. <source>

Plan Forward, an Indianapolis, IN-based dental software company, raised $2M led by Elevate Ventures, with participation from IU Ventures and Revere Partners. <source>

Data is from StartUp Health Insights, the most comprehensive funding database for health innovation. Sign up for StartUp Health Insider™ to get funding insights, news, and special updates delivered to your inbox.

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StartUp Health Insights: Value-Based Care for Rural America Gets $315M in New Capital | Week of Oct… was originally published in StartUp Health on Medium, where people are continuing the conversation by highlighting and responding to this story.